The market is testing the Monthly key level on 0.28$ after a big bearish momentum on the 4h timeframe the price got rejection from the 4h resistance with a false breakout above the structure.
How to approach? The price needs to have a new breakout from the 4h resistance and retest it as new support. IF the price is going to have a breakout, According to Plancton's strategy, we can set a nice order ––––– Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
––––– Follow the Shrimp 🦐
Not
Rejection from the 4h resistance as expected. Wait for the breakout
Not
The price was very close to our last profit in our VIP group. the price had a perfect breakout and satisfy our rules, check my first analysis about it!
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